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8325 Gardendale St, Downey, CA 90242
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8325 Gardendale St Downey, CA 90242

$1,455,000 Sold Price as of 07/25/2022
  • 8 Beds
  • 4 Baths
  • 3,463 Sq.Ft.
Sold
$1,455,000 Sold Price as of 07/25/2022 Refinance Your Mortgage
Map preview of 8325 Gardendale St, Downey, CA 90242

Property Overview: 8325 Gardendale St Downey, CA has 8 bedrooms, 4 bathrooms, 3,463 living square feet and 22,114 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 4 units in the city of Downey, all 2 bedroom 1 bath in a 22,000 square feet lot. Location is in a desirable area with plenty of space to build more units in this lot. Great investor opportunity or live in one and rent the others. You are within minutes of the all the restaurants and movie theatre that Downey has to offer. Stop by and look and make an offer!

Listed by Jesus Guerra | BRE #01708553 | Century 21 LOTUS
Last checked: 12 minutes ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
22,114
HOA Dues
$0/mo
Year built
1947
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
DW22116228
City
Downey
County
Los Angeles
Time on Site
696 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Total Rent: $0
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $800
  • Total Rent: $800
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $44,400
  • Net Operating Income: $3,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $250
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $250
  • Insurance: $0
  • Water/Sewer: $400

Property Details for 8325 Gardendale St

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Flag Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 6263033014
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Property is on Gardendale and Downey Ave
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Downey Agent

Sale History for 8325 Gardendale St

Last sold for $1,455,000 on July 25th, 2022

  • July, 2022

  • Jul 25, 2022

    Date

    Sold

    CRMLS: DW22116228

    $1,455,000

    Price

  • Jun 6, 2022

    Date

    Active

    CRMLS: DW22116228

    $1,390,000

    Price

  • November, 1998

  • Nov 5, 1998

    Date

    Sold (Public Records)

    Public Records

    $345,000

    Price

Show More

Tax History for 8325 Gardendale St

Assessed Value (2020): $756,972
Year Land Value Improved Value Assessed Value
2020 $458,551 $298,421 $756,972

Home Value Compared to the Market

This property vs the competition

8325 Gardendale St sold on July 25, 2022 for 69.51% higher than the current median sold price for the city of Downey which is $820,000. The median sold price per/sqft for Downey is $540 and this home is sold at $401.39 per/sqft which puts the price per square foot 25.67% lower than the current median sale per square foot for the city of Downey.

About 8325 Gardendale St

Detailed summary of property

8325 Gardendale St is a multi family that recently sold in Downey, CA 90242. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 3,463 living square feet, and sits on an approximately 22,114 square foot lot. 8325 Gardendale St was first listed on ArdentRealEstateGroup.com on June 1, 2022. The homeowner sold the property for $1,455,000. Home in Downey are selling for a median price of $820,000 and a median price per square foot of $540. Based on Ardent Real Estate Group's Downey Market Data, this home is sold 69.51% higher than the current median priced home. Local homes that are currently for sale include 1749 E 69th St, 1050 S Bonnie Beach Pl and 3029 Pacific Ave. While the average home in Downey, CA is selling in 50 days, 8325 Gardendale St has a days on market of 18 days. There are currently 84 homes for sale in the Downey real estate market and 71 of them are single family homes while 6 of them are condos and 7 are townhomes. For more information on this home for sale at 8325 Gardendale St Downey, CA 90242 contact Ardent Real Estate Group and we will put you in touch with one of our Downey agents.

Public Facts for 8325 Gardendale St

Public county record property details
Beds
7
Baths
4
Year built
1947
Sq. Ft.
3,463
Lot Size
22,113
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
67
APN
6263-033-014

The source for these homes facts are from public records.

90242 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$795,000
Median List Price/Sq.Ft.
$568
Median Sold Price
$795,000
Median Sold Price/Sq.Ft.
$552
Total Inventory
22
Median Sale to List Price %
95.78%
Avg Days on Market
31
Loan Type
Conventional (28.57%), FHA (28.57%), VA (0%), Cash (7.14%), Other (21.43%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 8325 Gardendale St

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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